1st Oct 2013 08:22
LONDON (Alliance News) - Innovation Group PLC said Tuesday that it had won a GBP75 million, seven-year contract with a UK insurer, which it didn't name.
Under the contract, Innovation will handle all of the insurer's domestic subsidence claims over the next seven years and take over the handling of outstanding subsidence domestic claims being processed by incumbent suppliers.
Innovation Group provides software and services for the insurance industry. Its shares were trading up 2.6% at 30.00 pence Tuesday morning.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
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